Common use of Purpose of Plan Clause in Contracts

Purpose of Plan. The purpose of the Plan is to maintain the Company's ability to attract and retain the services of experienced and highly-qualified non-employee directors and to encourage stock ownership by such directors, and to align the interests of such individuals with those of the Company, its Affiliates and its shareholders. It is intended that Participants may acquire or increase their proprietary interests in the Company and be encouraged to remain in the directorship of the Company. The proceeds received by the Company from the sale of Stock pursuant to this Plan may be used for general corporate purposes.

Purpose of Plan. 1.1 The purpose of the Plan is to maintain the Company's ability to attract and retain the services of experienced and highly-qualified non-employee directors and to encourage stock ownership by such assist directors, officers, employees and consultants of the Corporation and any Subsidiary to align participate in the growth and development of the Corporation and its Subsidiaries by providing such persons with the opportunity, through share options, to acquire an increased proprietary interest in the Corporation that will be aligned with the interests of such individuals with those the shareholders of the Company, its Affiliates and its shareholders. It is intended that Participants may acquire or increase their proprietary interests in the Company and be encouraged to remain in the directorship of the Company. The proceeds received by the Company from the sale of Stock pursuant to this Plan may be used for general corporate purposesCorporation.

Purpose of Plan. 1.1 The purpose of the Plan is to maintain attract, retain and motivate persons as directors, officers, key employees and consultants of the Company's ability to attract Corporation and retain the services of experienced and highly-qualified non-employee directors its Subsidiaries and to encourage stock ownership by such directors, and to align advance the interests of the Corporation by providing such individuals persons with those of the Companyopportunity, its Affiliates and its shareholders. It is intended that Participants may through share options, to acquire or increase their an increased proprietary interests interest in the Company and be encouraged to remain in the directorship of the Company. The proceeds received by the Company from the sale of Stock pursuant to this Plan may be used for general corporate purposesCorporation.